Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.

Oil prices increased sharply Wednesday after President Donald Trump declared the ceasefire with Iran over, and financial markets opened lower at the bell. Futures of Brent crude, a benchmark of crude oil prices globally,

President Donald Trump said Wednesday after the latest round of tit-for-tat strikes between the U.S. and Iran that he considers the ceasefire between the two nations to be over — throwing the peace process and the status of a preliminary agreement to end the conflict into uncertainty.

President Trump called negotiations with Iran "a waste of time" and said the ceasefire with Iran is over, shocking the stock market and spiking gas prices in reaction to the renewed unrest in the Middle East.

Samsung Electronics on Tuesday flagged a 19-fold jump ​in second-quarter operating profit from a year earlier, surpassing its combined earnings over the past three years, but its shares slid as the results failed ‌to ease concerns about the durability of the AI-driven chip boom.

Samsung Electronics Co.’s quarterly profit surged 19-fold but failed to impress investors used to eye-catching growth from the suppliers of AI chips.

Samsung Electronics Co.’s quarterly profit surged 19-fold, just surpassing elevated expectations due to relentless demand for memory chips needed in AI data centers.

Samsung Electronics shares fell even after record preliminary second-quarter profit as capex and demand concerns clouded the outlook.